Shares of Grizzly Discoveries Inc. (CVE:GZD – Get Free Report) traded down 15.4% on Thursday . The company traded as low as C$0.05 and last traded at C$0.06. 886,517 shares were traded during trading, an increase of 543% from the average daily volume of 137,790 shares. The stock had previously closed at C$0.07.
Grizzly Discoveries Trading Down 7.7%
The company has a debt-to-equity ratio of 2.23, a current ratio of 3.13 and a quick ratio of 5.15. The firm has a fifty day simple moving average of C$0.07 and a 200-day simple moving average of C$0.05. The firm has a market cap of C$13.97 million, a P/E ratio of -6.48 and a beta of 0.89.
Grizzly Discoveries Company Profile
Grizzly Discoveries Inc engages in the acquisition, exploration, and development of precious and base metals properties Canada. The company primarily explores for gold, copper, silver, and cobalt deposits. It holds 100% interests in Greenwood Project covering approximately 180,000 contiguous acres in South-central British Columbia; and the Robocop property comprising of five mineral claims that covers an area of 5,864 acres located in southeastern British Columbia. The company also holds an interest at the Alberta diamond project consisting of two wholly owned claim blocks in the Buffalo Head Hills.
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